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Question 1 [15 points] The revenues and expenses for three companies are given below. For each, use the To solve, enter the values in the
Question 1 [15 points] The revenues and expenses for three companies are given below. For each, use the To solve, enter the values in the equation. Identify the result as net income or net loss (a) Bentley Inc had the following revenues and expenses last month Revenues Expenses 330 290 Revenues Expenses Net Income or Loss 430 2.540 (Select One) 250 200 40 (b) Ludwig Inc had the following revenues and expenses last month. Revenues Expenses 720 70 Revenues Expenses Net Income or Loss 480 90 (Select One) 280 140 (c) Allarco Inc. had the following revenues and expenses last month Revenues Expenses 600 300 Revenues Expenses Net Income or Loss 520 100 (Select One) 270 520 1.170
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